HI SB2462 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 20 2012 - 25% progression, died in chamber
Action: 2012-02-15 - (S) The committee(s) on EDT recommend(s) that the measure be HELD. The votes in EDT were as follows: 4 Aye(s): Senator(s) Fukunaga, Wakai, Baker, Solomon; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Slom.
Text: Latest bill text (Introduced) [HTML]

Summary

Establishes a motion picture, digital media, and film production infrastructure tax credit of fifty per cent of qualified infrastructure costs; requires qualified expenditure of at least $10,000,000; provides for an annual payment to the department of business, economic development, and tourism Hawaii film office equal to one per cent of the tax credit received by the taxpayer; provides for a 100 per cent recapture of the tax credit if the facilities are no longer used for a qualified activity; applies to taxable years beginning after 12/31/2011.

Tracking Information

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Title

Taxation; Motion Picture, Digital Media, and Film Production Infrastructure Tax Credit

Sponsors


History

DateChamberAction
2012-02-15 (S) The committee(s) on EDT recommend(s) that the measure be HELD. The votes in EDT were as follows: 4 Aye(s): Senator(s) Fukunaga, Wakai, Baker, Solomon; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Slom.
2012-02-13 (S) The committee(s) on EDT deferred the measure until 02-15-12 1:15PM in conference room 016.
2012-02-06 (S) The committee(s) on EDT deferred the measure until 02-13-12 1:15PM in conference room 016.
2012-02-01 (S) The committee(s) on EDT has rescheduled its public hearing to 02-06-12 1:30PM in conference room 016.
2012-01-30 (S) The committee(s) on EDT has scheduled a public hearing on 02-06-12 1:15PM in conference room 016.
2012-01-23 (S) Referred to EDT, WAM.
2012-01-23 (S) Passed First Reading.
2012-01-20 (S) Introduced.

Hawaii State Sources


Bill Comments

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